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. >> david, there's also hand wringing over what senator dick durbin said in the speech at the center for american progress and we have this, dick durbin, not what he said but didn't say and preparled remarks he said progressives should be willing to talk about ways to ensure the long-term viability of the social security, medicare and medicaid but those conversations should not be a part of a plan to avert the fiscal cliff and prepared remarks. he didn't say that in the speech. you have a lot of republicans on the -- excuse me, democrats on the left greatly concerned about what will happen to medicare and quite honestly not ready to put that conversation on the table. >> well, i think that's correct. you're speaking about a certain percentage of democrats. i would include in that list bernie sander who is sent out an e-mail blast today saying medicare, medicare and social security should all be off the table. now, in reality, i think social security really can be and should be off the table because it's not a contributor to the federal deficit. it's well funded for decades ahead but
. >> david, there's also hand wringing over what senator dick durbin said in the speech at the center for american progress and we have this, dick durbin, not what he said but didn't say and preparled remarks he said progressives should be willing to talk about ways to ensure the long-term viability of the social security, medicare and medicaid but those conversations should not be a part of a plan to avert the fiscal cliff and prepared remarks. he didn't say that in the speech. you have...
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we have a dick durbin sound bite. dick durbin said that. he was in favor of that. >> i can't stand it. we're losing dick durbin sound bite. megyn: time is short. the point dick durbin couldn't sell it. >> dick durbin couldn't sell peanut butter to children. megyn: was raising retirement age one year, 20 or 30 years from now. >> here's the deal. the simpson-bowles commission was only a starter. it wasn't a solution. the reality is this government is too big, growing too fast, trying to do too much for too many. a child, a 12-year-old with a basic understanding in this country that would equate to, a second grade math comprehension could understand this isn't working. and we have people playing such games, such silly games in washington. and do we go over the cliff? right now i would say the odds are very high that we do because these people have no appreciation for their responsibilities. either to themselves, their constituents or to the country. megyn: lou dobbs, always interesting talking to you. thank you so much for being here. >> thank
we have a dick durbin sound bite. dick durbin said that. he was in favor of that. >> i can't stand it. we're losing dick durbin sound bite. megyn: time is short. the point dick durbin couldn't sell it. >> dick durbin couldn't sell peanut butter to children. megyn: was raising retirement age one year, 20 or 30 years from now. >> here's the deal. the simpson-bowles commission was only a starter. it wasn't a solution. the reality is this government is too big, growing too fast,...
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joining us, dick durbin, assistant majority leader, the senator from illinois. senator, thanks very much for coming in. we just heard from grover norquist, several republicans on capitol hill this week have said they would consider defying his pledge but for some of them, raising revenue just means getting rid of loopholes or capping some deductions, not raising tax rates or letting tax cuts expire. is that good enough? >> well, i can tell you the president has set a goal, $1.6 trillion in revenue or taxes over the next ten years. that's about 40% of the $4 trillion deficit goal that we have. that's the same thing that simpson-bowles had, 40% revenue. so the only way you can reach that, incidentally, is to allow the rates to go up. just this idea of we're going to take a look at the tax code, change some credits and deductions, you can't come up with enough money. >> so any deal will have to include at least some hike in the tax rate. >> i don't think there's any other way to approach it. that's why the president has taken this position. if we're going to make s
joining us, dick durbin, assistant majority leader, the senator from illinois. senator, thanks very much for coming in. we just heard from grover norquist, several republicans on capitol hill this week have said they would consider defying his pledge but for some of them, raising revenue just means getting rid of loopholes or capping some deductions, not raising tax rates or letting tax cuts expire. is that good enough? >> well, i can tell you the president has set a goal, $1.6 trillion...
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i thought, now, durbin, what are you going to do? i voted for it. it takes some leaders who were willing to sit down and make compromises and listen. in this case apparently the negotiations directly between the white house and speaker boehner, and rob neighbors in the white house, there is no better person for the president to assign to this job. i just think the world of him. i have known him for years and have the highest respect for him. i hope that speaker boehner will just agree to one basic principle and i think we can get this done. that the solution on the house side is going to be a bipartisan solution. it has to be bipartisan in the senate. but if this is going to be an exclusive, republican solution on the house side, i'm afraid we are going to reach the same impasse we have in the past. if he will make a commitment to a bipartisan solution in the house, i think we can get this done. >> questions from the press. gentleman over here. >> norm levy with the "los angeles times." you mentioned that medicaid is a special case. does that mean t
i thought, now, durbin, what are you going to do? i voted for it. it takes some leaders who were willing to sit down and make compromises and listen. in this case apparently the negotiations directly between the white house and speaker boehner, and rob neighbors in the white house, there is no better person for the president to assign to this job. i just think the world of him. i have known him for years and have the highest respect for him. i hope that speaker boehner will just agree to one...
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earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi spell noncommittal whether the cuts will be in the deal. still, the administration is trying to breathe life to the talks, with vice president biden shopping at new costco in washington, picking up a big screen tv and apple pie and insisting he is optimistic of a deal. >> i am. i am. all the folks in the store, man. going to make a difference. >> carney shot down a politico report that a phone call last night between boehner and the president was curt, noting it was 28 minutes long and productive. signaling the president is flexible on taxes not being specific on the new rates. >> i will say there can be no deal without rates on top earners going up. >> that means that the rates do not necessarily have to go up to 39.6. it could be 37 or 38. meaning they might goose that to try to jump-start the deal with republicans. bloomberg reports that the treasury secretary geithner has been saying look, the sky will fall if we fall off the cliff. he has the power to freeze paycheck withh
earlier, dick durbin insisted spending cuts from entitlement reform will not be part of the talks while pelosi spell noncommittal whether the cuts will be in the deal. still, the administration is trying to breathe life to the talks, with vice president biden shopping at new costco in washington, picking up a big screen tv and apple pie and insisting he is optimistic of a deal. >> i am. i am. all the folks in the store, man. going to make a difference. >> carney shot down a politico...
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you hear now from the leading democrats like dick durbin saying don't go after social security. they are trying to lay out things they don't want touched but there has to be that. the problem with the white house is we haven't heard from the republicans what they are willing to do. >> isn't it the president's deal to bring everyone to the table? >> bret: there is pressure -- >> there is pressure on the president now. >> jonah? >> some of this is ludicrous. enormous amount of the public negotiating by people who aren't privy to negotiations. particularly from the senators. senators have nothing to do with any of this. who care what is lindsey graham's position is? he is not in on the negotiations. the republican and senate aren't in on the negotiations. there is something in the ecosystem in washington that senators cannot resist being part of the story, even when they have no part in the story. this is between house and white house now. boehner position strikes me as utterly reasonable. he wants more rev lieu without raising the tax rates. whether that is negotiating strategy or
you hear now from the leading democrats like dick durbin saying don't go after social security. they are trying to lay out things they don't want touched but there has to be that. the problem with the white house is we haven't heard from the republicans what they are willing to do. >> isn't it the president's deal to bring everyone to the table? >> bret: there is pressure -- >> there is pressure on the president now. >> jonah? >> some of this is ludicrous. enormous...
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megyn: keurs te megyn: durbin chose two good people to make that example of. people don't love and reveer the hedge fund manager, they make other people a lot of money and they make a lot of money but most people have respect for our navy seals. is he on point? >> i do think he's on point. what monica just said, radical redistribution, we are talking about the radical redistribution is going back to the clinton era tax rates. i mean that just doesn't strike me as radical redistribution. you can argue about whether or not you think those tax rates should go up because of how it may affect the recovery, but to suggest that it's somehow stealing from the rich to give to the poor, we are talking about 3 or 4% average points in the tax code. i think this is really over blown. and i'd also say when jfk was president we didn't have the kind of income inequality that we have today. it is so much greater and getting so much greater every year that i think if he was alive today that he would be exactly where most democrats are on this issue with what senator durbin said
megyn: keurs te megyn: durbin chose two good people to make that example of. people don't love and reveer the hedge fund manager, they make other people a lot of money and they make a lot of money but most people have respect for our navy seals. is he on point? >> i do think he's on point. what monica just said, radical redistribution, we are talking about the radical redistribution is going back to the clinton era tax rates. i mean that just doesn't strike me as radical redistribution....
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dick durbin, number two senate democrat and close to the white house and gave a speech yesterday about the entitlement aspect. medicare, medicaid. the entitlement aspect and basically said we don't want entitlements to be part of the immediate talks january 1st but think as democrats they should be part of longer terms talks for next year. i'm just wondering, is there a sense from the white house among democrats of what it is they're prepared to give in on on terms of entitlement? >> not enough to satisfy the republicans, this's for sure. they say up here they have seen nothing. unfortunately, the few people who are beginning to even talk about the need for eventual compromise like a tom cole, like a dick durbin are quickly getting smacked down here, particularly on the republican side. that congressman just got a spanking from john boehner in front of his caucus today so there's -- doesn't seem to be any movement in that direction. i was at a breakfast with bowles and simpson this morning and erskine bowles saying he think there is's a 1 in 3 chance of this working out before the fisc
dick durbin, number two senate democrat and close to the white house and gave a speech yesterday about the entitlement aspect. medicare, medicaid. the entitlement aspect and basically said we don't want entitlements to be part of the immediate talks january 1st but think as democrats they should be part of longer terms talks for next year. i'm just wondering, is there a sense from the white house among democrats of what it is they're prepared to give in on on terms of entitlement? >> not...
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where is the conversation about cutting, dir dick durbin, harry reid? >> the president sold a lie. the lie is you can have these goodies and it will be paid for if you tax the rich for more. that's economic nonsense. i want to give you one number. the unfunded liability of medicare, one entitlement program, is $42 trillion. that's money that we've got to shell out in the future, which we do not have. are you going to tell me we could tax the rich? >> i am not telling you, but this is what i'm saying, that the tax reform and entitlement reform should and could be a bigger part of this conversation, however to focus on the republicans now at this point i think is chasing a rabbit down a hole. it is not the republicans' responsibility to come up with a plan. president obama won fair and square. he's the won who needs to persuade america that the policy is right. >> sean: we have the exact same situation as we had before. all this money was spent, all the arguing over -- >> the house passed all sorts of bill to improve the economy in the last congress. you don't get anywhere with -- >>
where is the conversation about cutting, dir dick durbin, harry reid? >> the president sold a lie. the lie is you can have these goodies and it will be paid for if you tax the rich for more. that's economic nonsense. i want to give you one number. the unfunded liability of medicare, one entitlement program, is $42 trillion. that's money that we've got to shell out in the future, which we do not have. are you going to tell me we could tax the rich? >> i am not telling you, but this...
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president obama privately indicated he is willing to stick his neck out and durbin willing to do that and will nor liberal democrats come to the table with entitlement reform. we'll see if that is a bigger dynamic that changes this week. >> what is the danger i guess is one question because there are democrats like patty murray saying it isn't a cliff, it is a slope. >> the danger is a massive sudden drop in government spending and even if you hate government spending, spending does keep the economy going and when you cut that much spending all at once abruptly you create a shock to the economy and that is dangerous and there are economists that say it could send us into recession again. >> it is not going to happen immediately on january 1st is their point. >> the alternative perspective is if you believe in preserving entitlements, social security, an eventual deal, a real deal, how much different would it really look from what is on the table with the fiscal cliff? >> that's a good question. let me read to you what congressman peter difazoo told politico. if the republicans can't s
president obama privately indicated he is willing to stick his neck out and durbin willing to do that and will nor liberal democrats come to the table with entitlement reform. we'll see if that is a bigger dynamic that changes this week. >> what is the danger i guess is one question because there are democrats like patty murray saying it isn't a cliff, it is a slope. >> the danger is a massive sudden drop in government spending and even if you hate government spending, spending does...
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. >> brian: durbin said he would be interested in that. is the president going to keep it to 250,000? that is a negotiating point. if eric cantor said don't talk to me about raising rates that would be wrong. warren buffett says $500,000 should be the threshold. why is the president saying it's $250,000 or i am not signing it? >> kimberly: it's campaign promises. that is his political ideolog ideology. instead of what is best for the country. >> eric: put you on the spot -- >> kimberly: the math shows it won't make a difference. why is he doing it in any way? because he said he would. not good enough reason. obligation to the country. >> bob: he said he wouldn't allow tax cuts to go for people making that money. i think that between that and entitlement reform you will get a deal. >> eric: let me ask this question. i call grover norquist, what is going on here? he said read between the lin lines. only when democrats put up their end of the bargain they would negotiate. if they do, they can change the rate and close a loophole and they will
. >> brian: durbin said he would be interested in that. is the president going to keep it to 250,000? that is a negotiating point. if eric cantor said don't talk to me about raising rates that would be wrong. warren buffett says $500,000 should be the threshold. why is the president saying it's $250,000 or i am not signing it? >> kimberly: it's campaign promises. that is his political ideolog ideology. instead of what is best for the country. >> eric: put you on the spot --...
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but today for example dick durbin, the number two leader of the democrats in the senate came out and gave a policy speech. he has a lot of credibility on deficit reduction. while he said medicare and medicaid changes in those programs should not be part of the first step, the democrats have to look at that down the road in order to be constructive on deficit reduction. this is a senator, liberal democrat, part of the gang of six, somebody with a lot of credibility on deficit issues. i think that opens the door a little bit. you're seeing it on the democratic side. you're seeing it a little bit on the republican side. >> both sides are going to have to open the door more than just a little bit. they're going to have to make a deal. >> because the one mandate from the public was fix things. >> fix it. and do it quick. gloria, thank you. cnn's getting exclusive new information and photographs of paula broadwell, her affair with jen david petraeus forced him to leave the cia. now her friends are coming to her defense. >>> and a 7-year-old cancer patient tries a controversial treatment. m
but today for example dick durbin, the number two leader of the democrats in the senate came out and gave a policy speech. he has a lot of credibility on deficit reduction. while he said medicare and medicaid changes in those programs should not be part of the first step, the democrats have to look at that down the road in order to be constructive on deficit reduction. this is a senator, liberal democrat, part of the gang of six, somebody with a lot of credibility on deficit issues. i think...
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i pick up the "new york times" and found out you have the liberal democrats like rockefeller, dick durbin and others saying hey, we better not touch entitlements. mr. president, you better watch yourself because we won the election. let's focus on those taxes on the rich. let's deal with entitlement down the line. that scares me. that is unrealistic. it goes against what we heard the president of the united states say. >> dana: when it comes to the math, do the math, they have a good opportunity in front of them. >> we heard senator reid said when asked he couldn't name any of the cut the democrats are willing to offer in the fiscal cliff negotiations. he said, "we need to get credit for cuts previously made." this is today. the cut previously made. i'm scratching my head to figure out what cuts the democrats made prior that they want credit for. if they did make credit cuts why did we run up four more years in a row? start fresh right now. talk about cuts and then talk about how are we going to raise revenues. >> eric: what would -- >> dana: what would harry reid mean by that? get credit
i pick up the "new york times" and found out you have the liberal democrats like rockefeller, dick durbin and others saying hey, we better not touch entitlements. mr. president, you better watch yourself because we won the election. let's focus on those taxes on the rich. let's deal with entitlement down the line. that scares me. that is unrealistic. it goes against what we heard the president of the united states say. >> dana: when it comes to the math, do the math, they have a...
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brown of ohio, lieberman, stabenow, cantwell, schumer, durbin, mr. johnson of south dakota, bennet, blumenthal, whitehouse, and collins be add as cosponsors to my amendment number 2985. the presiding officer: without objection, so ordered. mr. udall:man, i yield the floor. -- mr. president, i yield the floor and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: the presiding officer: without objection, senator from michigan is recognized. mr. levin: i ask for the yeas and nays. the presiding officer: is there a sufficient second? there appears to be. the clerk will call the roll on the amendment. vote: vote: vote: the presiding officer: are there any other senators in the chamber who desire to vote or to change their vote? if not, the yeas are 62, the nays are 37. the amendment is agreed to. a senator: i move to reconsider. the presiding officer: without objection, so ordered. the senator from michigan is recognized. mr. levin: mr. president, i would now ask unanimous consent that we proceed
brown of ohio, lieberman, stabenow, cantwell, schumer, durbin, mr. johnson of south dakota, bennet, blumenthal, whitehouse, and collins be add as cosponsors to my amendment number 2985. the presiding officer: without objection, so ordered. mr. udall:man, i yield the floor. -- mr. president, i yield the floor and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: the presiding officer: without objection, senator from michigan is...
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. >> brown: majority whip dick durbin answered that social security isn't the issue; it's medicare and medicaid. >> social security does not add one penny to the deficit. it's an important program, a critical program. let's take care of it in the future. let's do it separate from the debt debate. medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white house officials said the president will send treasury secretary timothy geithner and legislative chief rob nabors to the capitol tomorrow, to meet with congressional leaders. >> warner: online, we have a primer explaining how the fiscal cliff might affect you. still, to come on the "newshour": debating palestinian status at the u.n.; reading the fine print; tackling immigration reform and re-purposing digital data gathered during the campaign. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: wall street tracked the ups and downs of the fiscal cliff drama in washington today. at one poin
. >> brown: majority whip dick durbin answered that social security isn't the issue; it's medicare and medicaid. >> social security does not add one penny to the deficit. it's an important program, a critical program. let's take care of it in the future. let's do it separate from the debt debate. medicare is another story. medicare has 12 years of life left and let me make a point of saying it has eight of those years because of president obama's leadership. >> brown: white...
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>> i saw a statement from senator dick durbin generally considered on the left of his party, he's saying, nobody should be so naive as to believe that just taxing the rich will solve our problems. he's telling the left that entitlement cuts must be part of any deal. that put him outside of what i have been hearing from the unions, mainstream democrats and the president. maybe that is a slight chink in the democrats' armor, if you like. maybe they will consider entitlement cuts. maybe he means next year after you work out tax changes now. bill: that's the way i heard it. get the changes before the first of the year then worry about reform in the coming year. on top of that there is a debt ceiling issue to tackle. steve forbes said go ahead and get a 90-day extension, take it into 2013. >> can you put together a complex agreement dealing with tax, spending cuts, debt ceiling, can you do all of that in a mere 30 days or do you take the steve forbes route, kick the can down the road. i'm not sure the vote terse would tolerate kicking the can and not dealing with it again. thank you, stuart.
>> i saw a statement from senator dick durbin generally considered on the left of his party, he's saying, nobody should be so naive as to believe that just taxing the rich will solve our problems. he's telling the left that entitlement cuts must be part of any deal. that put him outside of what i have been hearing from the unions, mainstream democrats and the president. maybe that is a slight chink in the democrats' armor, if you like. maybe they will consider entitlement cuts. maybe he...
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. >> dick durbin says when you're talking about entitlement reform or cuts in spending for medicare, medicaid for example, he says that's too complicated now. listen to what he said this morning. >> when it comes to medicare, we know that it's going to run out of money in 12 years. whatever changes we want to make should be thoughtful changes not made in the heat of the fiscal cliff. >> can you defer medicare for example -- medicare reform until after you get a deal on the fiscal cliff? >> well, if we do that, wolf, i think what you have to do is also defer the issue of taxes. i think you extend tax rates some time into the foreseeable future whether that's six months or a year and allow us to go through the process where we can deal with entitlement reform and tax reform in regular order. i don't see republicans supporting something up here that deals with taxes that doesn't have entitlement reform incorporated into that. so i think right now we're a little bit of a standoff, but the way to solve this would be of course to extend the existing tax rates which is by the way something
. >> dick durbin says when you're talking about entitlement reform or cuts in spending for medicare, medicaid for example, he says that's too complicated now. listen to what he said this morning. >> when it comes to medicare, we know that it's going to run out of money in 12 years. whatever changes we want to make should be thoughtful changes not made in the heat of the fiscal cliff. >> can you defer medicare for example -- medicare reform until after you get a deal on the...
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here is democratic senator dick durbin today speaking about the possibility of a deal on the fiscal cliff. take a listen. >> pick up any of the hill newspapers and look for the full-page ads. basically saying to the left, keep your hands off the entitlements and to the right, keep your hands off of taxes. well, if both sides heed those warnings, nothing will happen. >> congressman, he's right, isn't he? >> of course he's right. and, you know, we have this new book about thomas jefferson and this new movie about abraham lincoln and that great robert carroll book about lyndon johnson. these were people whose greatness came from understanding that the art -- that compromise is the art of politics. that sometimes you have to get your hands dirty. you have to take things into your own hands in terms of negotiating, making deals, compromising things that you know have to be done for the greater good. the greater good is to put this country onto a path of stable financial security. this can be done, but we have to be willing to negotiate, to compromise, and to put aside the people like grover no
here is democratic senator dick durbin today speaking about the possibility of a deal on the fiscal cliff. take a listen. >> pick up any of the hill newspapers and look for the full-page ads. basically saying to the left, keep your hands off the entitlements and to the right, keep your hands off of taxes. well, if both sides heed those warnings, nothing will happen. >> congressman, he's right, isn't he? >> of course he's right. and, you know, we have this new book about thomas...
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on abc this week, richard durbin of illinois, lindsey gramm of the south carolina. we will see adam smith from washington and a ban affleck who directed "argo." on me to the press, carl levin, peter king, and gregory meeks. we will also see the chairman and chief executive of honeywell international. our next call joining us on the independent line. we have pat from tennessee. caller: you made the statement a few minutes ago, exactly my thought. when you have senators and representatives of their in congress, then they are representing the states. that is how the states have a say in the budget talks. i noticed a while back they talked about reducing your marks. that is when they put things in that they want to add to the budget, things that the one for the states. that is how they are represented already. thank you. host: thank you. what you were quoting was eight tweet that came in that said states already have a say by sending members to the house and senate. democrats line. caller: i think today pose the question is interesting. this was one of the first questio
on abc this week, richard durbin of illinois, lindsey gramm of the south carolina. we will see adam smith from washington and a ban affleck who directed "argo." on me to the press, carl levin, peter king, and gregory meeks. we will also see the chairman and chief executive of honeywell international. our next call joining us on the independent line. we have pat from tennessee. caller: you made the statement a few minutes ago, exactly my thought. when you have senators and...
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dick durbin suggested perhaps they need to talk about this we'll see further on that from their side very soon. stuart, thank you. >> bill. bill: see you at 9:20 on fbn. stuart varney with us. here's martha. martha: big word reform, in taxes and entitlements. will that happen? senator graham is not the only republican that says he believes something needs to be done to avoid the fiscal cliff. >> i think everybody should be on the table. i am myself am opposed to tax increases. the fact is the speaker and majority leader and president will be in a room trying to find the best package. i'm not going to prejudge it. saying we should not take ironclad positions. i have faith in john boehner putting together a good package. he is very conciliatory in his language. >> i do am opposed to raising tax rates but i do believe we can close loopholes. >> they have to go up real tax rates or effective tax rates. there are ways to do that. secondly we have to close significant loopholes. martha: all right. what are we hearing here? are he starting to hear a little bit of common ground? a high level
dick durbin suggested perhaps they need to talk about this we'll see further on that from their side very soon. stuart, thank you. >> bill. bill: see you at 9:20 on fbn. stuart varney with us. here's martha. martha: big word reform, in taxes and entitlements. will that happen? senator graham is not the only republican that says he believes something needs to be done to avoid the fiscal cliff. >> i think everybody should be on the table. i am myself am opposed to tax increases. the...
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. >> senator durbin said he thinks that president obama won't include a deal [inaudible] >> first of all, the debt ceiling. we would be foolish to work out something on stopping this from going over the cliff and then a month or six months later the republicans pull the same game as they did before and say we aren't going to agree to increasing the debt ceiling. i agree with the president. it has to be a package deal. what was your other question? [inaudible question] >> there are things we have already taken care of, the first of april and take a look at that stuff. that's not essential. [inaudible question] >> we can't do anything with the disaster aid package and i'm told it will be tomorrow or the next day. [inaudible question] >> republican, ok. you said what's holding it up? i said republicans. talk to the republicans. it's up to them. [inaudible question] >> i have said on a number of occasions the internet poker bill can move forward if we get 15, 17 republican votes. this stage, we have gotten none. >> you talked to the president over the weekend. are you hopeful, are you op
. >> senator durbin said he thinks that president obama won't include a deal [inaudible] >> first of all, the debt ceiling. we would be foolish to work out something on stopping this from going over the cliff and then a month or six months later the republicans pull the same game as they did before and say we aren't going to agree to increasing the debt ceiling. i agree with the president. it has to be a package deal. what was your other question? [inaudible question] >> there...
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. >> reporter: senator durbin, a top democrat in the senate says put everything on the table. though owe went on he is concerned about changes in medicare that might set off gaps in coverage, senior citizens not getting health care coverage. there you go. they're saying to put everything on the table but when you get in the details that's why they haven't come to a deal because the devil will be in the details, jenna. jenna: maybe they start with a salute and end with a handshake. ed, great to see you report great to see you. jenna: thank you very much. jon: several republican lawmakers are toning down their criticism of u.n. ambassador susan rice and her handling of the deadly attack on the consulate in libya. ambassador rice was under fire for appearances on the television immediately after the attack where she blamed it on the youtube video. many vocal critics, like senator john mccain are turning up the heat on president obama and the state department. >> the problem is the president of the united states in a debate with mitt romney said that he had said it was a terrorist
. >> reporter: senator durbin, a top democrat in the senate says put everything on the table. though owe went on he is concerned about changes in medicare that might set off gaps in coverage, senior citizens not getting health care coverage. there you go. they're saying to put everything on the table but when you get in the details that's why they haven't come to a deal because the devil will be in the details, jenna. jenna: maybe they start with a salute and end with a handshake. ed,...
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. >>> tomorrow, tim pawlenty, illinois senator dick durbin and singer dionne warwick. >> great show. meanwhile, cnn "newsroom" with carol costello begins right now. >>> tear gas in cairo near the u.s. embassy as the fight for democracy goes on. >> face to face. susan rice and john mccain, the man who wanted watergate style hearings, meet. and only cnn catches up with mccain before the big meeting. >> what do you have to learn today from miss rice? >> whatever ambassador rice wants to tell me. she's the one who asked for the meeting. i didn't. >> wouldn't you like to be a fly on the wall? >>> spyfall, real-life bond movie. yasser arafat's body was exhumed. was the palestinian leader po h poisoned by israeli spies? >>> plus this. >> you said walden is in trouble. >> i'm the trouble walden has been in, repeatedly. >> he calls it filth, the half in "two and a half men" begs you not to watch his show. "newsroom" starts now. >>> good morning to you. thank you so much for being with us. i'm carol costello. we begin with a high stakes meeting just minutes from now. this hour, the u.s. ambass
. >>> tomorrow, tim pawlenty, illinois senator dick durbin and singer dionne warwick. >> great show. meanwhile, cnn "newsroom" with carol costello begins right now. >>> tear gas in cairo near the u.s. embassy as the fight for democracy goes on. >> face to face. susan rice and john mccain, the man who wanted watergate style hearings, meet. and only cnn catches up with mccain before the big meeting. >> what do you have to learn today from miss rice?...
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. >> but durbin, where did he come from? >> that's what i mean. >> i'm trying to figure out -- trying to see his personal situation. where did he find religion all of a sudden? he's an obama ally and suddenly he's talking -- are you looking at all these things very specifically? looking at the fix and option action. you can tell from the market. >> the most aggravating thing is that we're sitting here talking about the government and what the market is going to do as a function of what the government does. if you look at the volatility markets, i think it's incredibly interesting. the market is being very rational. the vix is really a function of liquidity. liquidity in the system is incredibly stable. the markets are -- that will significantly drive higher levels, if you look at ted spreads and where bank funding is. that's the real significant spikes index, so you need to be careful to hedge your portfolios right now. but right now, the markets, the s&p markets are really pricing in a very range bound market through januar
. >> but durbin, where did he come from? >> that's what i mean. >> i'm trying to figure out -- trying to see his personal situation. where did he find religion all of a sudden? he's an obama ally and suddenly he's talking -- are you looking at all these things very specifically? looking at the fix and option action. you can tell from the market. >> the most aggravating thing is that we're sitting here talking about the government and what the market is going to do as a...